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Monday Market Monitor - EU - WEEK 02 - Price upswing continues
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Monday, 16 Jan 2012
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The reopening has been marked by important price increases on all products. Last week, news from all quarters indicated a positive mood among steel makers in Europe who hiked their prices for most of the products

Italian beams producers have increased prices up to Euro 620 to 630 per tonne effective.

In Italy steel mills have hiked price as under
HRC - By EUR 30 per tonne
HDG - By EUR 60 per tonne to EUR 70 per tonne
HRP - By EUR 30 per tonne to EUR 40 per tonne

However the trend seems to be on the descent.

Market reports are indicating a major trading co. having booked HRP in Spain at a price of EUR 540 per tonne to EUR 570 per tonne CFR FO Bilbao respectively for S275JR and S355J2+N.

1. Plates

HRP
S 235 / S275JR
5-20x2000

CountryDomestic Import
Germany100
Spain200
Italy1010


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

2. Hot Rolled Coils

HRC
S235JR
2-12x1000-1500

CountryDomestic Import
Germany105
Spain510
Italy00


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

3. Cold Rolled coils

CRC
DC 01
0.60 Avx1250

CountryDomestic Import
Germany010
Spain2010
Italy100


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

4. Hot Dipped Galvanized

HDG
DX 51 D / Z100-120 / AS
0.55 - 0.57x AW

CountryDomestic Import
Germany020
Spain3010
Italy20-10


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

5. Merchant bars

Merchant bars (B)
S235JR
5 to 150 mm

CountryDomestic Import
Germany300
Spain2010
Italy1010


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

6. IPN / UPN

IPN / UPN (B)
S235JR
50 to 400 mm

CountryDomestic Import
Germany2010
Spain300
Italy100


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

7. HEA/B/M

HEA/B/M (E)
S235JR
100 to 600 mm

CountryDomestic Import
Germany010
Spain1010
Italy-2010


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

8. De-Bars

De-Bars (E)
FE500
6 to 40 mm

CountryDomestic Import
Germany010
Spain1510
Italy-100


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

9. WRC Mesh

WR Mesh (E)
S235JR
5.5 to 16 mm

CountryDomestic Import
Germany010
Spain100
Italy00


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

10. WRC Drawing

WR Drawing (E)
SAE 1006/8
5.5 to 16 mm

CountryDomestic Import
Germany00
Spain1010
Italy00


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne
(E) - Effective
(B) - Base

CFR Antwerp

ProductGradeThick mmChange
HRPS235JR10-60x250010
HRPS355J2+N10-60x250010
HRCS235JR2-12x125010
CRCDC 010.60 Avx12500
HDGDX 51 D/Z 180/NA-C0.60 Avx125020


Change is on Jan 13th as compared to 6th Jan 2012
In EUR per tonne

www.steelprices-europe.com is a comprehensive service for tracking real time steel prices and trends in both South and North Europe on weekly basis.

The scope of service includes
1. Domestic pricing information in Germany, Italy and Spain
2. Import pricing information in Germany, Italy and Spain
3. Import levels at Antwerp and Turkey
4. Export levels from Turkey, Rotterdam, China, India and Black Sea

How to subscribe
1. Register at www.steelprices-europe.com and pay on line or ask for invoice
2. Send mail to admin@steelprices-europe.com.
(Sourced from www.steelprices-europe.com)

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